Business Operations : Article

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At age 25, Laura Sanko was a founding member of a startup that raised $3.5 Million from some world-famous investors and the Founder’s Fund. The business model was simple: a website that rented high-end jewelry for special occasions for a fraction of the retail value of each piece. Three years later, the investment money was all gone and while the site continued to operate, it had failed to meet the investors’ expectations.

What's the difference between flirting and harassment? What kind of behavior is actionable under the law? Case law is still evolving, and standards may vary, but having a clear policy at your office can help you avoid problems.

This entrepreneur thought he had built in adequate legal protections to ensure his partner in a new venture would not get full control of the business. When the partner was ready to sell the company, however, the entrepreneur discovered he didn't have the leverage he needed to stop the company's sale.

This entrepreneur and her partner outsourced its contact list to save time and money in designing and sending out an electronic newsletter. She cites three service features that made the cost affordable, the process easy, and the impact on their business remarkable.

When opportunity costs are figured into the cost-benefit mix, outsourcing even non-core functions can become strategic. How much faster could you grow your company if you spent more time leveraging your strengths? This article explores the cost effectiveness of the practice and offers valuable tips for getting started. Key: Choosing the right tasks and the right partners.

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